7 Bed House in Summerstrand

Summerstand Home with RENTAL INCOME POTENTIAL

This Summerstrand home is ideally located across the road from the ADMIRALTY SUPER SPAR Complex. On the FREE bus route to NMU and taxi''s, and a short drive to Pollock Beach and the Humewood Golf course, and all other amenities.

The home has cleverly been divided into 4 income generating units. All separate from each other.

MAIN HOUSE COMPRISES OF -

Enclosed front porch, entrance hall, guest loo with basin. Open plan tiled lounge with security gate opening up to the enclosed braai area. The kitchen is open plan to the lounge and separate scullery. To the right of the scullery is a single room. Main double bedroom with BIC has an en-suite shower and another neatly tiled double bedroom with BIC and built in desk.

3 Flats are accessed from the side gate.

FLAT 1 -

Small kitchenette, 2 bedrooms with carpets, BIC and desk, 1 bathroom with shower to share. Own lockable entrance.

FLAT 2 -

Open plan tiled double room with en-suite shower, kitchenette and large double room with BIC and built in desk.

FLAT 3 - tbc

The property is properly walled and has an automated gate with paved parking and additional parking on the lawn.

The current income is R 33 500, comprising of a family in the main house, working couple in flat 1.

Flats 2 and 3 occupied by private and NSFAS students.

Lease agreements in place.

PRE-PAID ELECTRICITY

This excellent location makes this an attractive INVESTMENT opportunity.

Minor TLC required.